Vanadiumcorp Resource (CVE:VRB) Shares Up 88.2% – Here’s Why

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) was up 88.2% during mid-day trading on Saturday . The company traded as high as C$0.35 and last traded at C$0.32. Approximately 580,337 shares traded hands during mid-day trading, an increase of 857% from the average daily volume of 60,641 shares. The stock had previously closed at C$0.17.

Vanadiumcorp Resource Price Performance

The company has a current ratio of 0.10, a quick ratio of 0.06 and a debt-to-equity ratio of 9.31. The firm has a market cap of C$4.56 million, a price-to-earnings ratio of -8.00 and a beta of -0.12. The stock has a 50-day moving average of C$0.14 and a two-hundred day moving average of C$0.13.

About Vanadiumcorp Resource

(Get Free Report)

VanadiumCorp has developed a new technology to produce reusable vanadium electrolyte directly and sustainably from virtually any source for perpetual use in vanadium batteries. Jointly developed with Electrochem Technologies and Materials Inc “VEPT” eliminates the carbon footprint and high cost associated with global vanadium supply.

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